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|Tuesday, June 09, 2009|
Turns out her company isn't going under. They're boosting her hours and expanding her responsibilities to keep up with new orders. And they aren't the only ones climbing out of the abyss. Banks are paying back their TARP loans, markets are rebounding powerfully, the clean tech sector is taking off and even Oregon's Index of Economic Indicators is showing signs of life, finally. Clean energy jobs grew by 50 percent in Oregon from 1998 to 2007. This doesn't counter the losses in timber and manufacturing, but it helps. My last six face-to-face interviews have been with two CEOs, an Intel Fellow, a consumer watchdog, and a federally appointed administrator, and not one of them mentioned the economy in ominous terms. That wouldn't have been the case a few months ago; what else was there to talk about then?
A year ago I was feeling more pessimistic than your average bear; now I've got the opposite feeling. The change might have something to do with my quest to find companies that plan to add jobs rather than subtract them over the coming year and beyond. Recent nominees include Bend's PV Powered, which scored another round of financing this week, Portland's Stalk Market, which may have solved the puzzle of the biodegradable coffee cup lid (hello? Starbucks?), the fast-growing flash video producer AngelVision and Chinese battery and car company BYD.
What does a Chinese battery and car company have to do with jobs in Oregon? Time will tell, but here are a few hints: 1. The one non-Chinese member of BYD's board works for Warren Buffett 2. That same guy also oversees Oregon's second largest utility. 3. That utility (every utility) needs a better way to store power when the wind blows, and to charge electric cars, possibly using solar power. 4. BYD is considering expanding into Oregon. 5. BYD's new electric car is hitting the Chinese market later this year, with a range of 250 miles. The company is a global leader in electric cars, solar power and energy storage.
All right, so the previous paragraph was pure speculation. But you have to admit it's kind of cool to consider a future where you carry stored electricity around with you, in your car battery, maybe recharge it in a parking lot with help from the sun. If that scenario sounds far-fetched, hey, so did the notion of easily editing video, playing music and building Powerpoint presentations on a $400 laptop. The guy who invented USB reminded me of this the other day. He works in Oregon, and his team has ambitious plans.
Are we seeing signs of life? Or am I drinking the Kool-Aid?
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Transforming the culture of Oregon’s educational leadership.
The Board dismissed a petition related to efforts to unionize the Northwestern University football team.
Every once in a while we receive a letter in the (fictional) mailbag that is tough to describe and quite compelling. This week, Isabel, the new HR manager at LabCo (and someone who is new to HR), wants to know whether she may fire the owner’s son for having an Oregon medical marijuana card. In passing, Isabel also makes a number of alarming admissions about her motivation. Here is Isabel’s nerve-racking question and our response to it.
Oregon Sick Leave is here, and changes to the federal white-collar worker regulations are on the way. This workshop will prepare you for both. We invite you to participate in an interactive discussion on how to start planning now for the future impact on your operations and finances.
Presented by OEN + CENTRL + YESpdx.
This Roundtable will cover numerous issues under the employer "shared responsibility" rules of the Affordable Care Act, including how to track the "full-time" status of variable-hour employees, temporary or seasonal employees, and employees who experience a change in status or a break in service. Additionally, we will provide a brief overview of Code sections 6055 and 6056, which require most mid-sized and large employers to submit their first information reports to the IRS in early 2016 regarding the health insurance coverage being offered to employees. We invite you to participate in an interactive discussion on how to prepare for the future impact of the shared responsibility rules on your operations and finances.